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Viewer Comments (1 total)

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Elazar
Posted 10/11/2011 2:50:53 AM

An excellent video. Also, in addition to Benjamin Franklin's response of "a republic if you can keep it," there must also be an understanding as to an American constitutional economic philosophy. To be sure, the American economic philosophy is in concert with that of American born economic philosopher Henry George as articulated in his classic teatise on economy PROGRESS & POVERY. In contradistinction with the economic theories & pretenses of British born Thomas Malthus, George upheld a man's claim to the fruits of his labor & explains how all labor creates its own wage - that labor is an asset of a production of wealth no matter at what stage of production, rather, than as Malthus would erroneously have it, as a liability or a cost to the wealth or capital of the OLD WORLD ODOR FEUDALISTS. Further, George explains how nature bends her knee exponentially to the productive labors of man, rather than as Malthus would have it, a liability on diminishing resources. To be sure, the Malthusi